New Peoples Bankshares Q1 FY26 net income rises 60.48% to $3.1 million

NEW PEOPLES BANKSHARES INC

NEW PEOPLES BANKSHARES INC

NWPP

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  • New Peoples Bankshares posted net income of $3.1 million for quarter ended March 31, 2026, up 60.48% from year-earlier period.
  • Net interest income rose 15.86% to $8.8 million, while net interest margin widened 30 basis points to 3.99%.
  • Noninterest income increased 8.99% to $2.6 million, while noninterest expense edged down 0.54% to $7.2 million.
  • Total assets climbed to $939.6 million at March 31, up from Dec. 31, while total deposits increased 3.68% to $827.7 million.
  • Paid dividend of $0.09 per share; repurchase program extended through March 31, 2027, with 11,496 shares bought back at average price of $3.55 in quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Peoples Bankshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001903596-26-000215), on May 13, 2026, and is solely responsible for the information contained therein.